InsideMobileApps InsideSocialGames 10,000 Words FishbowlNY FishbowlDC LostRemote TVNewser TVSpy AgencySpy PRNewser MediaJobsDaily UnBeige

Amazon’s Net Income Jumped 68 Percent in First Quarter

amazon.jpg announced its first quarter numbers this afternoon, confirming that the online retailer is, in fact, making a killing.

Here’s the summary, from Publisher’s Weekly: “[T]otal revenue for the company jumped 46 percent in the first quarter to $7.13 billion, and net income rose 68 percent to $299 million. The revenue gain was driven by the electronics and general merchandise segment, home to the Kindle, where sales jumped 72 percent to $3.5 billion.

Sales of books and e-books rose by 26 percent, and the Kindle continues to be the biggest selling item.

Good for Amazon. Tomorrow, we’ll check back with a report on how Amazon is using its profits to help underwrite various small publishers and organizations.

Mediabistro Course

Fashion Writing

Fashion WritingStarting September 23, work with the contributing editor at to get your writing published in fashion magazines and websites! In this course, you'll learn how to write fashion headlines, runway reviews, and fashion features, write compelling pitch letters, and gain insight into the fashion industry. Register now!